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Doc18

03/11/17 11:05 AM

#14526 RE: powerbattles #14524

Does anyone know the difference between ICLD and ICLDW on the OTC Market website? Both are InterCloud with the same company profile.

shotsky

03/11/17 11:14 AM

#14537 RE: powerbattles #14524

I just realized something;
"the company has basically sold off one of its operational units for a $4 million upfront payment and up to $0.9 million in additional working capital"
That new loan, if I recall, is about %550K. They stand to get $900K later this year as part of that sale, meaning they could retire the loan early.
Sorry if everyone else got that, but I was thinking they'd have to use profit to pay the loan down, but they have a nice bonus coming that could do it.